Save 40% to 50% by outsourcing your Medical Coding project

The reason for the outsourcing boom is largely economic. Outsourcing helps you in saving a substantial amount of money without compromising for the quality of work. This remains most instrumental in the boon of the outsourcing business. Be it Business Process Outsourcing or Knowledge Process Outsourcing, the concept remains the same: high quality work at reduced rate within a specified turn-around-time. This is no exception for medical coding.

According to the statistics published by American Academy of Professional Coders (AAPC), a certified U.S medical coder charges as high as $39,000 per year within his first two years of work. In an annual survey by American Academy of Professional Coders (AAPC) in 2005, brings to light the fact that a medical coder with about 10 years of experience charges around $45,000 annually. Education plays an important role in deciding the charges of the coders. A U.S medical coder with a master's degree charges $58,000 annually on an average.

Medical coding is an integral part of medical reimbursement process and can not be overlooked for a successful medical reimbursement. Outsourcing comes as the only viable option and relief from these ever mounting costs of medical coding. At the same time, outsourcing of medical coding projects ensured same high quality work within specified turn-around-time. Another survey on outsourcing of medical coding projects shows that outsourcing medical coding projects can save you at least 40% to 60% of your total medical cost. This reduction can no doubt increase your share of profit, but the quality of work can not also be overlooked.

The medical coders of Promantra are certified by American Academy of Professional Coders (AAPC) and holds years of experience in medical coding. Further, our medical coders comply with the ICD-9-CM Official Guidelines for Coding and Reporting, AMA Guidelines from CPT-4 Code Manual and CMS (HCFA) Guidelines. Our coders also comply with the regulations of HIPAA in order to meet the set standards of Patient Health Information (PHI).

With an infrastructure certified to the international standards of ISO 9001:2000 and ISO 27001:2005, we assure complete data protection for the client. With years of experience in delivering high quality work within turn-around-time, Promantra medical coding service assures you the full advantage of outsourcing. Find a considerable reduction in your costs along with minimal denials by outsourcing your medical coding projects.

Medical Coding

Medical coding or Insurance Coding, as it is commonly referred to, is the process of assigning standardized codes to medical procedures and diagnosis so that it can ensure proper financial reimbursement for healthcare providers’ expenses. The entire concept of medical coding is to ensure timely reimbursement from the government and insurance agencies.

The physicians as well as the healthcare providers obviously want to be paid for their service and medical coding ensures this reimbursement. The reimbursement procedures primarily include descriptions of the services and the procedures that the physicians and the healthcare providers offer to their patients.

Why is medical coding important? Well before you bill, you should identify the medical services that you have availed. With different medications, procedures and specialties it is almost impossible for a patient or his family to identify the exact charge rates.

Even the healthcare providers and physicians are at times not sure about the charge codes, thus giving rise to demand for professional medical coders. Hence, to ask for these reimbursements the physicians as well as the providers need help of the medical coders, who can help them in billing their services and medications. This has given rise to government agencies, software companies and consulting firms that have experienced professionals for medical coding. Any discrepancies in billing for the services might result in denial of the claim.

Like every other industry, outsourcing is good news for the medical coding industry, as the same work can now be done in less cost with equal efficiency. Promantra is a forerunner in the industry of Medical Coding and Outsourcing. Today, Promantra is the proud possessor of a band of efficient medical coders that are serving overseas client efficiently for years. Our medical coders are all certified by AAPC (American Association of Professional Coders) and are skilled in providing high quality work within TAT provided by the client.

At Promantra, we strictly adhere to the regulations of ICD-9-CM Official Guidelines for Coding and Reporting, AMA Guidelines from CPT-4 Code Manuals and CMS (HCFA) Guidelines [CCI (Correct Coding Initiatives)] and [LMRP (Local Medical Review Policies)]. We follow HIPAA regulation in order to protect the confidentiality of Patient Health Information (PHI). Our coders strictly adhere to standards of ethical Coding. All the employees at Promantra sign a Non-disclosure Agreement and HIPPAA.

At Promantra we maintain the confidentiality, availability and integrity of information through the adopted security standards of ISO 27001:2005 and we aim to exceed the expectations of our clients and add value to their business by constantly monitoring, analyzing and improving our delivery processes through the adopted standards of ISO 9001:2000.

Promantra turns the key of success in medical coding not only by delivering quality work but also delivering it on time. With a minimal number of denials, today Promantra can claim to be one of the forebears of medical coding.